No Picture
Trading Ideas

Nightmare on Wall Street Was All About Liquidity

(Bloomberg) — Ian Burdette stared at his computer screens on Thursday afternoon in New York and could hardly believe his eyes. Everywhere that the head of term-rates trading at Academy Securities Inc. looked, there were massive anomalies and signs of unprecedented stresses in markets.Ultra Long Term U.S. Treasury Bond Futures, which moved about 1.3 points per day on average in January, were down more than seven points on the day and off 36 points from Monday’s high. Italian sovereign debt had simply imploded. An index of costs to insure corporate debt with credit-default swaps surged the most since Lehman Brothers …read more […]

No Picture
Trading Ideas

How to Invest in Gold in a Volatile Market

Market volatility seems out of control. The markets move a thousand points up or down per day. Gold can be seen as a safe harbor in these turbulent times. But if you don’t know how to invest in gold, we’re here to help.
Gold is a commodity. That means it’s a basic economic good that is completely interchangeable with other instances of the same stuff. Other commodities in the investing market include platinum and other precious metals. Oil. Soybeans. Lumber. And more.
Stocks have been on an incredible run over the last decade. Since February, 2009, the S&P had surged 250%. If …read more […]

No Picture
Business News

Trump encountered second person who later tested positive for coronavirus, White House physician says

U.S. President Donald Trump encountered a second individual last weekend who later tested positive for coronavirus, but the president did not require testing for the virus or quarantining, the White House physician said on Friday.

…read more […]